Illinois Tax Credit Scholarship Program

The new Illinois Tax Credit Scholarship Program allows individuals and corporations to donate to approved Scholarship Granting Organizations (SGOs) and receive a credit on their Illinois state taxes in return. Under the Program, specially approved Scholarship Granting Organizations match donor funds to qualifying students as scholarships. Applications to make a qualifying donation should be submitted on January 2, 2018 and the application process can take up to two weeks.

The new Illinois Tax Credit Scholarship Program allows individuals and corporations to donate to approved Scholarship Granting Organizations (SGOs) and receive a credit on their Illinois state taxes in return. Under the Program, specially approved Scholarship Granting Organizations match donor funds to qualifying students as scholarships. Applications to make a qualifying donation should be submitted through the IL Department of Revenue website on January 2, 2018 and the application process can take up to two weeks. Donors no longer need to stay up until midnight on January 2nd, 2018 in order to reserve their tax credits. Instead, applications for Credit Authorization Certificates (CAC) will now open at 8am (CST) on January 2.

Once you log on to your account on MyTax.Illinois.Gov, in the middle of the landing page under the "Accounts" tab, there is the word “Individual” in blue. Click on that word and in the upper right hand corner there will be a section called “I Want To” and “Contribute to Invest In Kids” is one of the links you can select.

Please note: there is also an “I Want To” section on the landing page when you first log in. This landing page is not where you will see “Contribute to Invest In Kids.” You must click on the word “Individual” that is in blue in the middle of the page.